Document Type : Research Paper

Authors

1 Ph.D. of Sport Management, University of Tabriz

2 Assistant Professor of Sport Management, University of Tabriz

3 Assistant Professor of Economic Science, University of Tabriz

Abstract

Iran's economy has always been affected by exchange rate fluctuations, and this study has been designed to explain the relationship between exchange rate effects on the price index of sports goods the period of 1993-2015. The purpose and terms of theoretical and applied research method is analytical - descriptive. The collection of statistics in this study is documentary and library. Variable of index of prices of imports of sporting goods, along with the independent variables of gross domestic product, consumer price index, trade openness and final cost of business partners and nominal exchange rate, were introduced into the model. Statistics related to the explanatory variables Research were collected from the Central Bank of Iran, the International Monetary Fund and the Islamic Republic of Iran. For data analysis Was used the Eviews9 software .The empirical findings of the research showed that there is a positive and significant relationship between the exchange rate and the price index of imports of sporting goods in Iran. However, during the period under review, the rate of exchange rate effect on imports of sports goods was defective (0.76). The variable of final cost of the business partners and the degree of openness of the trade have a positive effect and significant on the price of imports of sporting goods, but the effect of the consumer price index is not significant. Therefore, increasing the volume of trade in goods in the transitional effects of exchange rate changes on import prices will help sporting goods.

Keywords

1. Aguerre, R. B., Fuertes, A. M., & Phylaktis, K. (2012). Exchange rate pass- through into import prices revisited. Journal of International Money, 31(3), 818- 44.
2. Al-Abri, A. S., & Goodwin, B. K. (2009). Re-examining the exchange rate pass-through into import prices using non-linear estimation techniques: Threshold cointegration. International Review of Economics & Finance, 18(1), 142-61.
3. Asgharpour, H., & Mahdilo, A. (2014). Effect of inflation environment on the rate of exchange rate passage on import price in Iran: Markov-switching approach. Quarterly Journal of Applied Economic Studies, 11, 1- 26. (Persian).
4. Asgharpour, H., Kazerouni, A., & Mirani, N. (2015). The influence of the inflation environment on the effect of exchange rate effects on the import price index in Iran. Quarterly Journal of Applied Economics Theory, 2 (2), 155-78. (Persian).
5. Askariyan, F., Asgharpour, H., & Sarlab, R. (2016). The comparative advantage of Iran's exports of sports goods. Sport Management Studies, 8(35), 67-82. (Persian).
1. 6. Campa, J., & Goldberg, L. S. (2002). Exchange rate pass- through into import prices: A macro or micro phenomenon? Federal Reserve Bank of New York and NBER, IESE Business School and NBER. Available at: https://ideas.repec.org/p/fip/fednsr/149.html. [Accessed: 14 February 2017].
6. Ceglowski, J. (2010). Exchange rate pass-through to bilateral import prices. Journal of International Money & Finance, 29, 1637-51.
7. Cheikh, N. B., & Louhichi, W. (2016). Revisiting the role of inflation environment in exchange rate pass-through: A panel threshold approach. Economic Modelling, 52, 233-8.
8. Dramani, J. B., & Tandoh, F. (2011). Exchange -rate pass through to import prices: Evidence from Ghana. The African Finance Journal, 13, 110-21.
9. Frimpong, S., & Adam, A. M. (2010). Exchange rate pass-through in Ghana. International Business Research, 3(2), 186-92.
10. Ghosh, A. (2013). Exchange rate pass through, macro fundamentals and regime choice in Latin America. Journal of Macroeconomics, 35, 163-71.
11. Goldberg, P. K., & Knetter, M. (1997). Goods prices and exchange rates: What have we learned? Journal of Economic Literature, 35, 1243–72.
12. Hara, N., Hiraki, K., & Ichise, Y. (2015). Changing exchange rate pass-through in Japan: Does it indicate changing pricing behavior? Bank of Japan Working Paper Series, No.15, Nihonbashi-Hongokucho, Chuo-ku, Tokyo 103-0021.
13. Hong, P., & Zhang, F. (2016). Exchange rate pass-through into China’s import prices: An empirical analysis based on ARDL model. Open Journal of Social Sciences, 4, 13-22.
14. http://data.un.org/Explorer.aspx?d=ComTrade.
15. http://databank.worldbank.org/data/.
16. http://www.imf.org/external/index.htm.
17. Isa Zadeh Roshan, Y. (2015). Exchange rate pass: Case study of Iran economy. Strategic and Acroeconomic Quarterly, 10, 89-106. (Persian).
18. Jafari Samimi, A., & Monfared, S. M. (2013). Impact of exchange rate uncertainty on imports of Iran. Quarterly Journal of Business Research, 72, 1-24. (Persian).
19. Jimborean, R. (2013). The exchange rate pass-through in the New EU Member States. Economic Systems, 37(2), 302-29.
20. Junttila, J., & Korhonen, M. (2012). The role of inflation regime in the exchange rate pass-through to import prices. International Review of Economics and Finance, 24, 88-96.
21. Kazerouni, A., Asgharpour, H., & Farzi, N. (2016). The effect of the exchange rate on the domestic price of the Iranian automobile market, with an emphasis on the effect of the share of imports from the domestic market. Economic Research, 51(1), 205-28. (Persian).
22. Kazerouni, S. A., Salmani, B., & Feshari, M. (2013). Investigating the effect of exchange system and inflation environment on the rate of exchange rate in Iran approach (TVP). Quantum Economics Research Quarterly, 5, 95-116. (Persian).
23. Kazerouni, S. A., Salmani, B., & Feshari, M. (2012). The effect of exchange rate volatility on the rate of exchange rate transitions in Iran approach (TVP). Applied Economic Studies, 2, 85-114. (Persian).
24. Khodadadi, M. R., Farid Fathi, M., & Sarlab, R. (2017). Identify and prioritize the motivation of customers to buy second-hand sports goods in Iran. Journal of Sociology of Styles, 5, 71-101. (Persian).
25. Lin, P. C., & Wu, C.S. (2012). Exchange rate pass-through in deflation: The case of Taiwan. International Review of Economics and Finance, 22(1), 101- 11.
26. Martinez, R., & Ivyer, V. (2014). Openness and inflation: Evidence from nine Eastern European Nations. The International Business & Economics Research Journal, 13(1), 21-6.
27. Mesbahi, M., Asgharpour, H., Haghighat, J., Kazerouni, S. A., & Fallahi, F. (2017). A study of the degree of exchange rate fluctuations in import prices in Iran with an emphasis on the role of oil revenue uncertainty (nonlinear approach). Economic Modeling Quarterly, 37(1), 77-100. (Persian).
28. Rahimi Boroujerdi, A. R. (2006). Theoretical and practical study on the degree of openness of trade in developing countries. Economic Review, 6(4):163-82. (Persian).
29. Sarlab, R., & Askariyan, F. (2015). Investigating the causal relationship between the growth of exports of sports goods and the growth of non-oil exports in Iran. Sports Management, 8 (35), 315-26. (Persian).
30. Sarlab, R. (2014). Structural, competitive and national changes of sporting goods exports in Iran. (Masterʼs thesis). University of Tabriz, Tabriz. (Persian).
31. Sarlab, R., & Sarlab, M. (2013). The impact of the exchange rate on the export of sporting goods in Iran (2011-2012). Presentaed at The First Conference on Economics and Applied Management with the National Approach, Babolsar, North-East Throud Research Company. (Persian).
32. Shajari, H., Tayebi, K., & Jalali, S. A. (2006). Exchange rate pass through and its relationship to monetary policy and the degree of economic openness in Iran using Fuzzy Neural system. Quarterly Journal of Economic Research, 26, 153-79. (Persian).
33. Shakeri, A. (2006). Microeconomics 2. Tehran: Publishers of Ne. (Persian).
34. Shakeri, A. (2013). Macroeconomics theories and policies (3rd ed.) (Vol. 1). Tehran: Publication of Vafa. (Persian).
35. Sharifi, N., & Nabavi Larimi, S. M. (2015). Exchange rate pass-through to price index of goods and inflation in Iran. Economic Research, 50(3), 639-58. (Persian).
36. Soleimani alWanaq, F., & Kazerouni, A. (2015). The study of the degree of exchange rate transfer on the level of consumer prices under the actual exchange rate deviation (Case study: Iran). Economic Research, 5(1), 169-92. (Persian).
37. Sowah, A. N. (2009). Is there a link between exchange rate pass-through & the monetary regime: Evidence from Sub-Saharan Africa & Latin America. Journal of International Atlantic Economic Society, 25, 296-309.
38. Yanamandra, V. (2015). Exchange rate changes and inflation in India: What is the extent of exchange rate pass-through to imports؟ Economic Analysis and Policy, DOI: http://dx.doi.org/10.1016/j.eap.2015.07.004: 1- 31.